Faker net worth: how much has esports’ first star earned so far?

Cristiano Ronaldo, the world’s best football player, earned $93 million in 2017. Roger Federer, the top ranked male tennis player, made $64m… But what about the star of esports?

Faker is widely regarded as the best League of Legends player around, having helped SK Telecom T1 to claim three League of Legend World Championship title’s between 2013 and 2017.

His influence was unable to secure a fourth world title in 2017 and SKT’s 2018 struggles have been well documented. However, he has already secured his status as one of esports early stars.

Who is Faker?

Faker is a South Korean League of Legends player who plays as a mid laner for LoL Champions Korea side SK Telecom T1.

The talented 21-year-old, born in capital city Seoul, proved talented at video gaming from a young age. Prior to LoL, Faker played Warcraft III as well as battle arena title Chaos.

However, he discovered LoL in 2011 and hasn’t looked back since. When SKT discovered him in 2013, he was playing on a Korean LoL server under the name GoJeonPa.

With the chance to join the big leagues of competitive gaming, Faker dropped out of school to join LCK and pursue his dream.

Since joining the side, Faker has won the World Championship in three occasions, including back-to-back wins in seasons five and six. He is one of just two players, along with SKT teammate Bengi, to have claimed three WC titles.

Despite SKT’s struggles of late, another title never seems too far off for Faker his side.

How much does Faker make?

Being not only one for the most talented, but also the most recognised stars in esports comes with its perks.

There’s no way of knowing exactly how much Faker makes. However, a report by South Korean news source Naver following SKT’s season six victory suggests that he had been offered a new contract worth $2.5m per year.

Faker net worth

The exact Faker net worth is undisclosed. There is no way of knowing exactly how much the SKT star is worth.

However, he was reportedly earning approximately $98,000-$147,000 in 2014 and has been on his $2.5m contract for a little over a year. That would suggest career earnings of around $2.8m.

Adding in the $1.2m that he has earned in prize money suggests an approximate net worth of around $4m.

Faker revealed last year that he spends very little of his earnings. His parents control his finances and he receives a small allowance of around $175 a month. With few outgoings, the Faker net worth will continue to grow in the coming years.

“My parents take care of my money. My monthly allowance does not exceed 200,000 [$175]. A lot of the expenses are taken care of by the team and my fans gift me the books I like so there’s not much that I need to spend on,” Faker told OSEN.